{"data":{"id":"us-ar/ark.-code-ann.-23-63-1621","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-63-1621","heading":"Participants","body":"(a) An association, corporation, limited liability company, partnership, trust, or other business entity may be a participant in a sponsored captive insurance company formed or licensed under this subchapter.\n\n(b) A sponsor may be a participant in a sponsored captive insurance company.\n\n(c) A participant need not be a shareholder of the sponsored captive insurance company or an affiliate of the company.\n\n(d) A participant shall not insure any risks other than its own, its affiliated entities, or of controlled unaffiliated entities.","path":["AR Code","Title 23","Chapter 63","Subchapter 16"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"06edae2ad7a3dd2bd36634daee4f59bb56a926a7ab95535fa726d2be4ba8d639","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-63-1620","next":"us-ar/ark.-code-ann.-23-63-1622"},"notice":"GroundRules: Original legal text. Not legal advice."}